Average Salary in Indianapolis, IN
| Annual Salary | Monthly Pay | |
|---|---|---|
| Top Earners | $86,299 | $7,191 |
| 75th Percentile | $70,957 | $5,913 |
| Average | $59,767 | $4,980 |
| 25th Percentile | $47,464 | $3,955 |
Contents
What is a livable wage in Indianapolis?
Living Wage Calculation for Indiana
| 1 ADULT | 2 ADULTS (BOTH WORKING) | |
|---|---|---|
| 0 Children | 2 Children | |
| Living Wage | $13.44 | $18.49 |
| Poverty Wage | $6.13 | $6.30 |
| Minimum Wage | $7.25 | $7.25 |
What is a high salary in Indiana?
While ZipRecruiter is seeing salaries as high as $232,642 and as low as $24,464, the majority of salaries within the Highest jobs category currently range between $72,008 (25th percentile) to $138,477 (75th percentile) with top earners (90th percentile) making $176,789 annually in Indiana.
Is it expensive to live in Indianapolis Indiana?
Indianapolis, Indiana’s cost of living is 8% lower than the national average. The cost of living in any area can vary based on factors such as your career, its average salary and the real estate market of that area.
What is considered a good salary?
What Is the Average Average Salary by State
| State | Annual Salary | Monthly Pay |
|---|---|---|
| California | $62,356 | $5,196 |
| Missouri | $62,276 | $5,190 |
| Vermont | $61,581 | $5,132 |
| Oklahoma | $60,844 | $5,070 |
Is $27 an hour good pay?
Comparison Table Of $27 An Hour
| $27 An Hour | Total Income |
|---|---|
| Yearly (262 Work Days) | $56,592 |
| Monthly (175 Hours) | $4,725 |
| Weekly (40 Hours) | $1,080 |
| Daily (8 Hours) | $216 |
What is considered middle class Indiana?
The middle class is usually defined as the group of earners in the center of the earning scale.
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| State | Middle-class income | Median household income |
|---|---|---|
| Indiana | $43,310 | $57,603 |
| Mississippi | $41,839 | $45,792 |
| West Virginia | $41,649 | $48,850 |
| Arkansas | $40,928 | $48,952 |
What is a good paying job in Indiana?
Here’s a quick look at the top ten highest paying jobs in Indianapolis:
- Psychiatrists.
- Physicians, All Other; and Ophthalmologists, Except Pediatric.
- Family Medicine Physicians.
- General Internal Medicine Physicians.
- Chief Executives.
- Obstetricians and Gynecologists.
- Surgeons, Except Ophthalmologists.
- Nurse Anesthetists.
Is $17 an hour good?
When we ran all of our numbers to figure out how much is $17 per hour is as an annual salary, we used the average working day of 40 hours a week.
$17 Per Hour is…
| $17 per Hour – Full Time | Total Income |
|---|---|
| Weekly (40 Hours) | $680 |
| Bi-Weekly (80 Hours) | $1,360 |
| Daily Wage (8 Hours) | $136 |
| Net Estimated Monthly Income | $2,250 |
What salary is needed to live comfortably?
The median necessary living wage across the entire US is $67,690. The state with the lowest annual living wage is Mississippi, with $58,321. The state with the highest living wage is Hawaii, with $136,437.
How much money do you need to live comfortably in Indianapolis?
The study says you need to earn $46,016 a year to have enough money for needs and wants. However, the median income for the city is $42,076, a shortfall of $3,940. It’s important to note that the study’s calculation does not include taxes.
Is living in Indianapolis Cheap?
But this Indiana city is an even cheaper place to live.The Circle City is No. 12 nationally for most affordable housing costs, according to SmartAsset.com. Indy also ranks among the best for its closing costs and property taxes in the new survey of more than 150 U.S. cities.
Where does Indianapolis rank in cost of living?
An amount below 100 means Indiana is cheaper than the US average. A cost of living index above 100 means Indiana, Indiana is more expensive.
Indiana cost of living is 82.1.
| COST OF LIVING | Indiana | United States |
|---|---|---|
| Overall | 82.1 | 100 |
| Grocery | 92.9 | 100 |
| Health | 82.2 | 100 |
| Housing | 61.7 | 100 |
Is 75k a good salary 2020?
Given this, a good salary would be $75,000. It is higher than the national average and hovers around the average salary for the four most expensive states in the nation. In other words, a $75,000 salary would cover the basic necessities in even the priciest of areas.
Is 100k a good salary?
An annual income of £100,000 is enough to put a recipient comfortably within the top 2% of all earners, and the figure has become a key indicator that the recipient is a high-flier.
Is 150k salary good?
The answer, at least according to a new survey of Americans by WSL/Strategic Retail, is $150,000.That level of income is more than three times the national median of $49,445 for 2010, and it’s enough to put a household into the top 10 percent nationally.
How much is $70000 a year per hour?
A salary of $70,000 equates to a monthly pay of $5,833, weekly pay of $1,346, and an hourly wage of $33.65.
Is 60000 a good salary?
Is $60,000 a Year a Good Salary? If you have a salary or income of $60,000, it means you’re making 5 figures a year. While you may be an average earner with such an annual income, it’s possible to live on it comfortably. In fact, many lower earners dream to make such an amount.
How much is $60000 a year per hour?
When figuring out how much $60,000 a year per hour, you just need to divide your total salary by the number of hours you work. In this case, the answer is $28.85 an hour, more than four times the federal minimum wage in 2021. Here’s the breakdown: You are earning $28.85 per hour.
What is the richest town in Indiana?
Zionsville
The richest city in Indiana by quite a large margin is Zionsville. Known primarily as a tourist destination, the city has a village-style downtown comprised of quaint little boutiques and restaurants.
What is upper class income Indiana?
In Indianapolis, making at least $86,202 boosts you to the upper class. The Hoosier capital ranks 40th out of the 51 cities in the Business Insider report. That means it’s based on the city’s median household income $43,101, according to the article. Compare that to a few of Indy’s neighbors.
